12 June 2006 – General Electric Company (GE) announced today it has completed the sale of its Insurance Solutions business, including Employers Reinsurance Corporation (ERC), to Swiss Re for $7.8bn in ...
GE is facing a proposed class-action lawsuit over its transfer of $1.7 billion in pension liabilities to an insurance company. The new case against GE, which was brought by law firm Schlichter Bogard, ...
(Reuters) - General Electric Co's (GE.N) former employees are being questioned by federal investigators about details in a legacy insurance business that led to accounting issues at the conglomerate ...
The deal between General Electric and investors represented by Kessler Topaz Meltzer & Check had been reached in the lead-up to a trial that would have seen the company and investors squaring off on ...
General Electric Co. is under investigation by U.S. regulators after taking a larger-than-expected charge in its finance division. The Securities and Exchange Commission is looking at the accounting ...
The Securities and Exchange Commission is investigating General Electric’s accounting practices after the company reported worse-than-expected insurance portfolio results. Here are three things to ...
General Electric posted a $9.8 billion net loss in the three months through December after a $3 billion charge from the Republican-led tax overhaul and billions more for insurance liabilities. The ...
WICHITA, Kan., Dec. 3-- General Electric issued the following news release: A group comprising GE (NYSE: GE) unit GE Energy Financial Services, Metropolitan Life Insurance Company, a wholly owned ...
General Electric was sued in 2017 for allegedly covering up liabilities in its power and health insurance businesses. The suit was filed shortly after GE's stock value plummeted by 74% after it came ...